🚨$PEPE /USDT Technical Analysis🚨

📊The PEPE/USDT pair is currently consolidating within a defined range, presenting an opportunity for both long and short positions.

📈Long Entry: Consider a long entry around the lower support level of 0.00001880. A break above the recent high of 0.00002076 would signal a potential uptrend, with a target of 0.00002300. Place a stop-loss below the support level at 0.00001800.

📉Short Entry: A short position can be initiated around the upper resistance level of 0.00002076. A break below the recent low of 0.00001880 would indicate a potential downtrend, with a target of 0.00001600. Set a stop-loss above the resistance level at 0.00002150.

🎲Risk Management:

* Utilize stop-loss orders to limit potential losses.

* Consider using take-profit orders to secure profits at predetermined levels.

* Always conduct thorough research and analysis before making any trading decisions.

⚠️Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Cryptocurrencies are highly volatile, and investing in them carries significant risks. Please consult with a financial advisor before making any investment decisions.

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